The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while unemployment is always in the double digit region.

Actual Individual Consumption (AIC) is a measure of material welfare of households. Across the Member States in 2014, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 51% of the European Union (EU) average in Bulgaria to 141% in Luxembourg.

The Ambassador of Norway in Athens, His Excellency Jørn Eugene Gjelstad, spoke to EmbassyNews.net and commented on the current developments in Greek and European politics, the economy and the refugee crisis.

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